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YOUR LIFE EVENT: Starting A Career

You’ve entered the workforce, which means that you have money coming in. It’s important to learn to manage your finances well so that you can pay off student loans and avoid piling up credit card debt.

If at all possible, you want to try to remain debt free for as long as humanly possible. This may be difficult for some if you’re bogged down with paying off student loan debt. Do your best to manage whatever debt you may find yourself in and don’t let it consume you. Remember, you’re in control of your finances now.

There are several steps that you should be taking as you begin your career. Establishing an emergency fund, taking advantage of employer retirement vehicles (401Ks) and other opportunities to save your future is just the tip of the iceberg.